Download This PaperWhy Do Investors Trade? A Realization Utility Explanation
Finance and Accounting MeMOS (2014) 1 (1): 10-13.
6 Pages Posted: 27 Feb 2013 Last revised: 16 Jan 2014
Date Written: February 26, 2013
Abstract
This short note provides a non-technical summary of our Review of Financial Studies paper, 'Realization Utility with Reference-Dependent Preferences'.
Keywords: realization utility, diminishing sensitivity, disposition effect
JEL Classification: G02, G11, G12
Suggested Citation: Suggested Citation
Jonathan E. Ingersoll
Yale School of Management - International Center for Finance ( email )
135 Prospect Street
P.O. Box 208200
New Haven, CT 06520-8200
United States
203-432-5924 (Phone)
203-432-6974 (Fax)
Lawrence J. Jin (Contact Author)
SC Johnson College of Business, Cornell University ( email )
310E Warren Hall
Ithaca, NY 14850
United States
607-255-0581 (Phone)
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